Plan Ledger DOL Form 5500 · updated monthly

Garden State Custom Windows, LLC401(k)

RBA CUSTOM WINDOWS 401(K) PLAN · CRANFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.50%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Garden State Custom Windows, LLC reported $125,023 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $528 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.53% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 852nd-largest of 2,419 plans among New Jersey employers on file, and the 1,574th of 5,337 in construction. In 2024, employees put in $8.39 for every $1.00 the employer contributed; active participation has grown from 862 to 1,591 since 2022.

Plan summary
Net assets, end of year$28,757,883
Participants with balances1,302
Active participants1,591
Employer contributions$839,383
Employee contributions$7,040,081
Employer contribution per active participant$528
Average account balance$22,087
Benefits paid to participants$3,919,345
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 1,302 accts · $839K emplr
2023$21.3M · 1,044 accts · $584K emplr
2022$14.3M · 903 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,519
Investment management$34,004
Audit (IQPA)$18,500
Total administrative$125,023
The Garden State Custom Windows, LLC 401(k) match · 2024
Employer contribution per active participant$528
Median for plans this size$2,416
2024$528 per active participant
2023$557 per active participant
2022$322 per active participant

Garden State Custom Windows, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$15,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,754
BLATT & DAUMAN, LLP · Accounting / audit$10,500
ABBEY E. BLATT · Accounting / audit$8,000
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (plan)$6,250

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$125,023 · 0.50%
2023$79,601 · 0.45%
2022$73,304 · 0.53%
Same employer
Similar plansConstruction · New Jersey
Bogush Inc. NJ$37.3M · 0.26%
Wayne Tile Co., Inc. NJ$23.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134223118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.